Generative Data Intelligence

Tag: Dollar Peg

Terraform Labs’ New Filing Reveals Who Was Responsible For The May 2022 UST Stablecoin Depeg Catastrophe

Advertisement &nbsp &nbsp In an intriguing disclosure, Do Kwon-co-created Terraform Labs has held trading firm Citadel Securities responsible for causing its so-called algorithmic...

Tether CEO Steps Down, Naming Paolo Ardoino as Successor at Stablecoin Issuer – Decrypt

Stablecoin giant Tether has appointed the company’s Chief Technology Officer (CTO) Paolo Ardoino as CEO, assuming the role formerly held by Jean-Louis van der...

Report Reveals The Stablecoins That Have Suffered The Most De-Peg Events

Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors and traders. However, analysts...

Tether stops USDT stablecoin mints on three blockchains

Tether, the issuer of the world’s largest stablecoin USDT, announced on Thursday that it will discontinue support for its flagship stablecoin on three blockchains,...

Is PayPal’s new stablecoin a watershed moment for crypto?

In this issuePaypal launches stablecoin: A watershed moment for crypto?NFTs: Balancing NFTs and traditional gamingHuobi’s woes: Investigations, market talk of insolvencyFrom the Editor’s DeskDear...

TrueUSD Announces Having No Exposure To Struggling Prime Trust

4 hours ago | 2 mins read Altcoin News Prime Trust allegedly froze...

🔴 Surprising News for Bitcoin | This Week in Crypto – Jun 19, 2023

Tether reveals controversial reserve holdings, Jack Dorsey offers $5 million for Bitcoin developers, and will the US finally get a Spot Bitcoin ETF? These...

Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17

Top Stories This Week US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler United States Representative Warren Davidson has introduced the “SEC Stabilization...

TrueUSD (TUSD) Stablecoin Makes Strong Come Back Post Brief Depeg

2 hours ago | 2 mins read Altcoin News Services for minting and...

TUSD Depegs Amid Heavy Borrowing on DeFi Protocols: Kaiko Research

A number of borrowers were seen short selling TUSD on lending protocols after the stablecoin traded above its U.S. dollar peg across exchanges....

Terra’s LUNA Token Is Shockingly Classified As A Non-Security By A South Korean Court

Advertisement &nbsp &nbsp While the U.S. Securities and Exchange Commission (SEC) considers LUNA, the native token of the Terra ecosystem, a security, a court...

Bitcoin Could Hit $45,000 by May 20 Based on Past Trends, Says Report

The EU Parliament has voted overwhelmingly in favor of Markets in Crypto Assets (MiCA), which has been touted as the most comprehensive framework for...

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